Question

An average drug now takes 15 years and $800 millions to get FDA approval. What are the implications of this tedious and expensive process? How can we improve it?

Answer 1

Health is a vital issue and before giving approval to a new drugs FDA let it pass through different steps and testing. When the drug finally launched in the market it is free from any sideeffects or 100% safe to use by the patient.we know this is the issue due to which lots of time is taken in developmnet of a product . There are implications like financial implication and the companies have to go through various tedious process and due to this drugs price are so high which is eating pockets of middle class people. Apart from financial implication other implications are drug may not be available in that time for which it was developed and that chulk of patient will suffer a lot due to delay in approval. We can improve this if FDA make a standard time period for testing eash stage of teh drug testing and provide the result quickly. Technology should be used more to get the result in quicker and analyse the result and place the report before FDA.